Central banks shift into shares as low rates hit revenues

that would explain to me,why market(US in particular) is hitting high after high and have gone 150 f*** % basically on nothing

http://finance.yahoo.com/news/imf-cuts-u-growth-forecast-133002233.html

pathetic growth with even more pathetic perspectives. this sounds about right to me,because like i said many times- i see no growth in US,until they (gvt) start changing major things like taxes ,regulations etc,making the country more 'business friendly'
but market doesn't seems to care about it. just up and up every single day. while world banks (and companies) are keep cutting the outlook for the future.
 
clacy said:
Get long then. And then get out before they decide to dump their shares :)
More...


that's what i do on my 401K,but i have no balls to go all in. simply because i (and looks like many more retail participants) don't get it. i don't understand this voodoo economics
 
It's a rather unfortunate misnomer to call the institutions entitled in the article "central banks". China's SAFE isn't a central bank by any stretch of the imagination, even though it's officially supposed to be a part of PBoC. SAFE, as well as SNB, Danmarks Nationalbank and Norges Bank, are all acting as sovereign wealth funds. Of course, they buy equities, what else are they supposed to do with their money?
 
Bob111 said:
i'm not picking..i'm just saying
More...

Didn't mean to imply that you were picking tops. It's tempting to do, and every time I do it, I remind myself that this thing has far greater odds of continuing than topping with the Fed behind it.
 
You must log in or register to reply here.
Back
Top